Ethereum fails to break $2,680–2,770 resistance, slides to $2,420
- —Ethereum retreated to $2,420 after failing to break $2,680–2,770
- —Daily support at $2,360–2,420 where trendline and demand zone converge
- —Daily RSI near 44, 4-hour RSI near 26 signals oversold conditions
- —Upside resistance at $2,600–2,620 and $2,680–2,700
Why it matters: Holding $2,360–2,420 will determine whether the drop extends toward the 100-day average at $2,210 or a rebound begins.
Source: TokenPost